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by James L. Bickford

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Author: James L. Bickford
ISBN: 0071498141
Language: English
Pages: 368 pages
Category: International
Publisher: McGraw-Hill Education; 1 edition (December 26, 2007)
Rating: 4.2
Formats: lit lrf mobi mbr
FB2 size: 1656 kb | EPUB size: 1747 kb | DJVU size: 1422 kb

This book equips you with the four most important methods of technical analysis: Pattern recognition Econometric models Crossover trading systems Wave theoryForex Shockwave Analysis is packed with practical information for mastering shockwave trading, including a refined minimum reversal algorithm that converts raw security data (OHLC quotes) to swing data, numerous charts and diagnoses based on activity, range, and interaction, as well as fifteen.

Fortunately for spot currency traders, the high-volume periods in this market are predictably moved by information released from government and informational agencies, typically on Wednesdays and Fridays at 8:30 .

Download it once and read it on your Kindle device, PC, phones or tablets. Use features like bookmarks, note taking and highlighting while reading Forex Shockwave Analysis. by James L. Bickford (Author). ISBN-13: 978-0071498142.

Forex Shockwave Analysis is packed with practical information for mastering shockwave . Shockwaves occur over the course of a few minutes, and with Forex.

by James Lauren Bickford. Fortunately for spot currency traders, the high-volume periods in this market are predictably moved by information released from government and informational agencies, typically on Wednesdays and Fridays at 8:30 .

Stay ahead of the shockwave InForex Shockwave Analysis, author James Bickford applies his mathematical and statistical expertise to a highly unique behavioral pattern in the foreign exchange market-shockwaves

Stay ahead of the shockwave InForex Shockwave Analysis, author James Bickford applies his mathematical and statistical expertise to a highly unique behavioral pattern in the foreign exchange market-shockwaves. These disruptions last only a few minutes, but the predictability of their occurrence offers informed traders a powerful analytical advantage for profit.

James L. Bickford - Forex Shockwave Analysis. Learn How To Benefit From Foreign Exchange Trading. Michael D. Archer, James Lauren Bickford - The Forex Chartist Companion A Visual Approach to Technical Analysis. The Forex Chartist Companion: A Visual Approach to Technical Analysis By Michael D. Archer, James Lauren Bickford. Trading Strategies Financial News Financial Markets Exchange Rate Foreign Exchange Online Trading Day Trading Wise Books Learn Online. Trend Forecasting with Technical Analysis: Unleashing the Hidden Power of Intermarket Analysis to Beat the Market By Louis B. Mendelsohn.

In Forex Shockwave Analysis, author James Bickford applies his mathematical and statistical expertise to a highly unique behavioral pattern in the foreign exchange market-shockwaves

In Forex Shockwave Analysis, author James Bickford applies his mathematical and statistical expertise to a highly unique behavioral pattern in the foreign exchange market-shockwaves. Accurately predicting which way these spikes will run is the key to impressive earnings in the spot currency market. Forex Shockwave Analysis is unmatched as both a comprehensive learning tool and a computer-side resource to use with any online trading platform by providing traders with such valuable features as

JAMES L. JAMES R. HEDGES IV - Hedges On Hedge Funds How To Successfully Analyze. Jamie Rogers - Strategy, Value And Risk-The Real Options Approach. Jay Kaeppel - The Four Biggest Mistakes In Futures Trading.

Forex Shockwave Analysis not only examines the shockwave itself but also investigates the reactive phase that . There are seven major divisions within this book. PART 1: The subject of this book is shockwave analysis, which is a branch of technical analysis.

Forex Shockwave Analysis not only examines the shockwave itself but also investigates the reactive phase that immediately follows the shockwave. Why, then, include a section on fundamental analysis? Simple. Fundamental economic factors do influence currency prices, and even though they may not affect price fluctuations directly at the tick level, it is always expedient for technical analysts to be aware of the forces that can adversely influence technical forecasts.

More than $2 trillion is traded in the foreign exchange every day, and many experts believe this figure will double in the next five years. Fortunately for spot currency traders, the high-volume periods in this market are predictably moved by information released from government and informational agencies, typically on Wednesdays and Fridays at 8:30 a.m. Knowing this gives the Forex trader tremendous analytical advantage, and in Forex Shockwave Analysis, veteran online spot currency trader James Bickford offers reliable techniques and know-how to capitalize on the violent disruptions that happen at these times.

When a severe breakout up or down occurs in an otherwise well-behaved time series, it's called a shockwave, and Forex Shockwave Analysis offers unprecedented focus on identifying, analyzing, and categorizing this unique pattern in the foreign exchange market. It not only helps independent investors isolate and recognize recurring shockwave personality traits, but it also gives insight into the reactive phase immediately following the shockwave. Fundamental analysis is covered to provide complete coverage, but playing this market's action can be most highly profitable when the streaming data available today is used to reveal critical properties and characteristics about the underlying currency pair. This book equips you with the four most important methods of technical analysis:

Pattern recognition Econometric models Crossover trading systems Wave theory

Forex Shockwave Analysis is packed with practical information for mastering shockwave trading, including a refined minimum reversal algorithm that converts raw security data (OHLC quotes) to swing data, numerous charts and diagnoses based on activity, range, and interaction, as well as fifteen case studies demonstrating how covered material works in the real world. This highly visual book is also outstandingly designed to serve as a computer-side reference that equips you with eleven appendices filled with all the tools you need to gain a distinct advantage while working online in your currency trading platform.

Shockwaves occur over the course of a few minutes, and with Forex Shockwave Analysis, you can effectively profit off them for a lifetime.

Comments (3)
ᵀᴴᴱ ᴼᴿᴵᴳᴵᴻᴬᴸ
I read Shockwave analysis with an open mind.

Actually, an eager mind willing to discover some scholarly work on forex news-trading, usually one of the first trading methods attempted by the least able, the rank beginner.

I did enjoy reading the book. It is full of different types of charts that I've never seen before. I'm not sure that it is very helpful for its promoted purpose, though.

James Bickford displays a great deal of interesting data indicating that the forex markets definitely have a peak volume period at the typical news broadcast periods. With derived time-of-day activity charts. It is very clear that news forces moves in the markets.

Most forex traders already know that. It is nice to see supporting data, and the range charts for non-news vs. news periods was interesting. What was disconcerting to me was my expectations, and probably that of most readers looking for forex edges-- were not met.

Maybe I expected too much.

The advertising for the book highlights the newstime price disruptions that forex traders typically observe using a reliable clock and weekly news release guide on the internet. The advertising goes on, "Accurately predicting which way thse spikes will run is the key to impressive earnings in the spot currency market."

With that pronouncement, I was expecting some help, some method to forecast the direction or facilitate trade of these moves.

There were many chapters on Mr. Bickford's ideas of forex wave theory, a derivation of Elliott wave theory, with swings determined by his own special algorithm. Even in these chapters there wasn't much in the way of guidelines that might prove a better way of trading news.

What little direction about trading news "shockwaves" offered is based on the price action from less than 20 consecutive Friday news days. I dare not tell how simple the only suggestions were. With such a small sample size, you could infer any possible action as a valid one with equal validity.

Mr. Bickford did offer a caveat at the end of the book, just before the appendices. (The appendices is no small section. It takes up more than a third of the book with monthly charts and other interesting data that showed me that there is increasing volume in Forex every year, and Fridays have more trade volume due to the news released.) ---Back to the author's caveat. In a small paragraph he admits that this work on news release shockwaves is not an overly exhaustive bit of detailed research on the topic. He reaffirms that what research he is offering is only on the specified Fridays from 8:00 to 10:00 pm in the EUD/USD pair. He offers the work revealed as an introduction to trading the volatile timeframes selected for news trading.

One final part of his advertising is very accurate. He indicates this book contains "Reliable strategies for identifying, analyzing, and categorizing shockwaves in the Forex." (Note: he did not say that the strategies in the book would help you trade....)

If you like to have scholarly-looking books on your mantle with cool titles, and very impressive, good-looking charts, Forex Shockwave Analysis is your book.

For a practical, how to "get the job done" book, you might want to look at
 Day Trading the Currency Market: Technical and Fundamental Strategies To Profit from Market Swings (Wiley Trading)
by Kathy Lien. It has solid suggestions on how to manage the risk of forex trading through many different approaches, including news.

I have no connection with either author. I just trade for myself and am always happy to find out new material available to my industry.

Joel Rensink
ladushka
The above reviewer isn't Michael Duane Archer, by any chance? The same author who has co-authored several Forex books with James L. Bickford? If it is, the sandbagging here speaks volume.
Vudojar
One of the perhaps a dozen intermediate-advanced market books and half that many FOREX books I would consider indispensible. 'Trading the News' is the hot FOREX topic today. Forex Shockwave Analysis quantifies the market's reaction to the news and the sometimes even more useful aftershock. A rare book that bridges the gap between technical and fundamental analysis - and does it very well. Caution: Some deep reading here, but, IMHO, worth the effort.